Reviewing the American Express Velocity business card
Andrew Boyd reviews the American Express Velocity card, and looks at what benefits it delivers to businesses.
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A look at the changing payments landscape
While Australians recognise the name, many don’t know how eftpos works and what happens when customers press ‘CHQ’, ‘SAV’ or ‘CR’ at the checkout.
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SMBs battle rising bad debt claims
Business confidence is being further battered thanks to a 40 percent rise in business-to-business bad debt claims and increasing payment terms, leading experts to urge SMBs to better manage their cashflow.
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Focus on cashflow or risk becoming a statistic
Figures released by Dun & Bradstreet this week showed 3,000 businesses collapsed in the June quarter, leading experts to urge SMEs to focus on fixing cashflow or risk becoming part of these statistics.
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Is your bank a stakeholder or the enemy?
With insolvencies continuing to rise, SME owners and directors need to ask themselves if they’re being proactive in managing their banking relationship, both in good times and in bad.
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Good accounting; goal-driven vs driven to gaol
Why bother putting effort into choosing a good accountant? Quite simply, he or she could very well become the best possible advisor for your business.
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Now’s the time to start planning
The beginning of a new financial year is the ideal time to focus on financial business strategy, with experts suggesting businesses target three main areas – finances, culture and operations.
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Business failures jump 25 percent in June quarter
Business failures rose 25 percent for the three months to June to reach their highest rate in 12 months, according to the latest Dun and Bradstreet (D&B) figures.
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Government enacts changes to ease burden of bank switching
The Government announced reforms designed to make it easier for people to switch banks overnight, with a Treasury-led working party to ensure the changes are enacted by July 1 2012.
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SMEs warned of trade delinquencies damage
The rise of trade delinquencies over the last 12 months is putting small businesses in serious risk of debt defaults.
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